Ethereum’s Deflation Rate Hits New Yearly Highs – Here’s Where the ETH Price is Headed Next

Ethereum logo.Source: Adobe The rate at which the Ether supply is contracting has recently reached its highest level of the year. On Wednesday, the annualized EIP-1559 burn rate exceeded the ETH issuance rate by 1.425%. This is the highest since last May, when the deflation rate exceeded 17% for just one day. Rising deflation rates […]

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